Investment Advisor January 2008

Features

  • Investment Composer

    The typical background for a financial advisor is a business degree followed by an entry-level job with a wirehouse or large accounting firm. Or, maybe...

  • Shining a Light on Software

    Over the past 20+ years of advising clients, I have used a number of different software packages to select and monitor clients' investments. With the...

Beginnings

  • Asset Allocation, January 2008

    To learn this month's recommended asset allocations of Investment Advisor's panel of distinguished economists and money managers, click here.

  • The Year in Hedge Funds

    In a year marked by high volatility in the financial markets, the 10 strategies tracked by the Credit Suisse/Tremont Hedge Fund Index outperformed major global...

  • Bonds Away

    High-yield bonds could be a good investment in 2008, as investors shake off their aversion to risk. Junk just ain't what it used to be. Year-to-date through...

  • People Who Need People

    If there was any question that Mark Tibergien might go corporate, his prepared and off-the-cuff comments delivered at the second annual Investment Advisor-Moss Adams Advisor...

  • DOL Issues Fee Disclosure Regs

    The Department of Labor (DOL) introduced on December 12 its long awaited proposed rules on enhancing the disclosures regarding fees that fiduciaries of 401(k) plans...

  • FPA Calls for Big Regulatory Reform in Treasury Letter

    In a long, comprehensive comment letter filled with references to the history of financial regulation in the United States, the Financial Planning Association told the...

  • Back Office Deal

    Registered investment advisors will have the option to outsource more of their back-office tasks, including "portfolio data management and performance reporting," after the back-office service...

  • Group Think

    The SEC published a prototype "summary prospectus" for mutual funds, and has asked for public comment from investors. The Commission voted unanimously on November 15...

  • Changes

    National Financial Partners named Daniel Young president and COO of NFP Securities, Inc., NFP's broker/dealer. Before joining NFPSI, Young was president and CEO of NYLIFE...

  • Upgrades

    XShares Advisors and RPG Consultants, a retirement plan provider of record keeping, administration, and consulting services, will provide plan sponsors with the ability to add...

  • FutureSelf Advice

    If you had the opportunity to go back to the past and speak with yourself 20 years ago, what would your younger self want to...

  • Value Proposition

    When lAST WE interviewed Don Schreiber in this space, he told us how he built his advisory firm, WBI Investments, and how he came to...

  • Something Old and New

    The Romans named their midwinter month Januarius in honor of the two-faced god of doorways who looked back into the old year while looking ahead...

Columns

  • Protecting Family Assets

    Last month We looked at the emotional and financial challenges of advising a client during a divorce settlement. When analyzing the client situation, advisors have...

  • Think About These

    There's no doubt that an advisor already has enough going on, never mind adding 10 more things to think about. But as the year changes...

  • Part of the Solution

    As Mark Hurley wrote over a decade ago, compared to other professions, independent advisors are woefully underserved by their traditional industry vendors. Consequently, independents have...

  • Referrals Revisited: Part II

    In last month's article, you'll remember that JPMorgan conducted a qualitative study of both affluent clients and their advisors. The goal of this research was...

  • A New Benchmarking Tool's in Town

    There's a new benchmarking tool that gives advisors a snapshot of what competitors and colleagues in their backyards are up to. The Financial Planning Association...

  • Splitting Heirs

    Divorce seems to be here to stay. Both as a practicing psychotherapist and on a personal level, I've been privy to the pain, anger, hurt,...

  • Surviving the Seller's Market

    When I came out of the financial planning program at Kansas State in 2000, my classmates and I went all over the country to find...

Conclusions

  • Clearly Profitable

    Their customers say, and have become much more of a partner with their correspondent broker/dealers than simply executors of trading and settlement. Independent B/D executives have...

  • Which QDIA Is Best?

    If you ask industry consultants what kind of effect qualified default investment alternatives (QDIAs) will have on the investment advisory industry and retiring boomers, they'll...

  • Recession Fears Changing Money Habits

    When 40% of Americans say their top New Year's resolution is paying off credit card debt, and 39% say their priority in 2008 will be...

  • Retirement News and Products

    Long-term care costs continue to rise. According to a recent study commissioned by New York Life Insurance Company's Long-Term Care Division, the average cost for...

  • Big Brokers and Planning

    Now that fee-based brokerage accounts are forbidden, some major brokerage firms are finding that the shift to investment advisory accounts, financial planning, and the Certified...

  • NEWS & PRODUCTS, JANUARY 2008

    Standard & Poor's is set to launch three U.S.-based Credit Default Swap (CDS) indexes which wil be focused on the $28.8 trillion Credit Derivatives Market....

  • Not a Single Thing

    One way to keep clients' portfolios sound and healthy is by checking their insurance coverage, and making sure that they're protected against catastrophic lawsuits or...

  • The Private Equity Solution

    The Asian currency crisis ushered in a new era in the practice of portfolio management. This event signaled a warning to many investors who were...

  • The Compensation Food Chain

    For the majority of advisors, the payment paradigm holds three forms: fees, commissions, or a hybrid commission and fee compensation. However, a controversial fourth option...

Sidebar Stories

  • Don't Be Rigid

    Rigid documents can also create obstacles for beneficiaries and trustees. Some attorneys have drafted dynasty trusts without providing the needed flexibility in fiduciary powers. Without...

  • Mark C. Scheffler

    Appleton Group Wealth Management LLC 100 W. Lawrence Street, Third Floor Appleton, Wisconsin 54911 920-993-7727 Web site: www.appletongrouponline.com E-mail: mscheffler@appletongrouponline.com Year firm founded: 2002 AUM: $91 million Number of clients: 95 families and...

  • Comparing the Contenders

    Morningstar Steele Systems fi360 Klein Area Principia Mutual Fund Expert fi360 Tools Fund Selection Tool Customer Service Good Good Good...

  • Behind the Numbers, with Gail Dudack

    "We believe the market remains well supported by valuation and our model has been stress tested for weak earnings growth and higher-than-expected inflation," noted Gail...

  • A Big Problem

    Don Schreiber is running at least three businesses, but that doesn't stop him from closely monitoring how the markets affect clients. Asked whether the unfolding subprime...

  • Comparing the Contenders 2

    To view the contenders and for a downloadable pdf, click here.

  • On the Hook

    Joshua Hatfield Smith, a planner with SPC Financial Services in Rockville, Maryland, points out that umbrella policy coverage can be complicated for unmarried partners. Hatfield...

  • Fundamental Indexing Defined

    Fundamental indexes, like the ones created by Rob Arnott, chairman of Reseach Affiliates, are based on companies' fundamental data, such as sales, book value, cash...

  • How Good Were Our Asset Allocation Experts?

  • Not Different This Time?

    Here's how Rob Arnott addresses that oft-heard refrain about the markets: "I'm not afraid of volatility. Volatility doesn't scare me in the least--I'm afraid of volatility...

  • Resources for Divorcing Parents

    Compile a resource list of local professionals--couples counselors, therapists, mediators, and parenting coordinators--who can help your clients reach solutions and decisions that are based on...

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